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Thursday, 26 December 2013

Wireless Audio Device Market worth $13.75 Billion by 2018

Driving the evolution of wireless technology is customers’ increasing expectations for high quality sound, unrestricted mobility and aesthetically appealing products.Wireless technologies enable one or more devices to communicate without an actual wired connection, thereby reducing the mesh of wire around an audio system. Radio frequency, Infra-Red, Bluetooth, SkAA, WI-Fi are being increasingly used to stream audio.

According to a new market research report "Wireless Audio Device Market By Products (Speakers, Headphones, Sound-Bars & Microphones),Technology (Bluetooth, Airplay, SKAA, & Wi-Fi), Application (Home, Consumer, Commercial, Automotive & Defense) - Global Forecast & Analysis (2013 – 2018)", the total market is expected to generate revenues of $13.75 billion by 2018, growing at an estimated CAGR of 24.02% from 2013-2018.

This report presents the future of the global market and industry from both technical and market-oriented perspectives with techno-market oriented road maps till 2018. This report describes the market trends, drivers, restraints and opportunities of the wireless audio device market and forecasts the market to 2018, based on product, application, and geography.The report presents a detailed analysis of the product market and forecasts the growth for each one of them. The report covers regions such as Americas, Europe, Asia-Pacific, and ROW (Rest of the World). In 2012,Americas was the largest region in terms of market revenue and volume shipment for the wireless audio device market. APAC, Europe, and ROW are also promising markets, with China, India, Germany, and Africa provides an impetus to the growth.

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The report profiles 20 promising players with a SWOT analysis of key players in the wireless audio device market ecosystem. The competitive landscape of the market presents quite an interesting picture, where large numbers of new products have been launched since 2011. The market is witnessing a series of key developments such as announcements and partnerships across the value chain. A few big announcements by small and big players alike are expected in the coming months. Some of the key players in the wireless audio device market include Bose Corporation (U.S.), Harman International Industries (U.S.), Sennheiser Electronic Gmbh (Germany), Sony Corporation (Japan), Philips (The Netherlands), Voxx International (U.S.), Shure, Inc. (U.S.) Vizio, Inc. (U.S.), Plantronics, Inc. (U.S.) and Polk Audio (U.S.).

About MarketsandMarkets
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

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Americas Smart Homes Market worth $22.4 Billion by 2020

Smart homes symbolize buildings furnished with intelligent systems and communication standards and protocols that present the occupant with a higher level of comfort and control, which was not possible in the traditional homes.

The Americas smart homes market covers the entire industry on the basis of products, services, and geography. The products section covers security & access control, entertainment systems, lighting control, HVAC control, and home health systems; along with their current and future estimations. Security services occupy the largest market share in the Americas market whereas it is lighting control that is projected to grow at the fastest CAGR in the forecast period. The services section covers installation & maintenance, and renovation & customization. The geographical analysis covers the U.S., Canada, Mexico, Brazil, and Argentina.

According to a new market research report “Americas Smart Homes Market by Product (Security, Access, Lighting, Entertainment, Energy Management, HVAC, Ballast & Battery Pack), Service (Installation & Repair, Renovation & Customization) and Geography - Analysis & Forecast (2013 - 2020).”, the total market for the Americas smart homes market will be worth $22.4billion by 2020, at an estimated CAGR of 17.62%.

The major drivers for the global smart homes market are energy efficient smart lighting devices, advancements in digital analytics platforms, and the rising incidences of chronic diseases. The major barriers affecting smart home systems include the lack of consumer awareness, and inability of the security systems installed in the smart homes to prevent crimes.

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The major companies involved in the global smart homes industry are Control4 Corporation (U.S.),Lutron Electronics (U.S.),Crestron Electronics (U.S.),Vivint Inc (U.S.), and more. The U.S. will remain the leading market for the Americas smart homes throughout the forecasted period due to its high adoption rate of smart homes; as its economy recovers in a phased manner along with continuous technological developments
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Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com

Thursday, 3 October 2013

Precision Farming Market worth $3,721.27 Billion by 2018, at an estimated CAGR of 13.36%

The ever increasing global food demands and environmental issues have plagued the countries across the globe; there are growing concerns to tackle both the issues, simultaneously. In this challenging situation, precision farming presents a way ahead by offering increasing yields, and at the same time, reducing the wastage and environmental degradation. Precision farming is a technology based in-field management system that optimizes the overall farming practices and input resources. The major drivers for the global market are profitability & enhancement in the yields, government assistance, energy & cost saving, and the growing agro industry. The restraints for the growth of this market are high initial investments, and lack of technical know-how. The UAV (Unmanned Aerial Vehicle) and penetration by broadband and mobile technologies are the key opportunities in this market.

Browse 94 market data tables and 64 figures spread through 327 pages and in-depth TOC on "Precision Farming Market by Technology (GPS/GNSS, GIS, Remote Sensing & VRT), Components (Automation & Control, Sensors, FMS), Applications (Yield Monitoring, VRA, Mapping, Soil Monitoring, Scouting) - Global Forecast & Analysis (2013 - 2018)".

Early buyers will receive 10% customization on reports.

The global Precision Farming Market covers the entire industry on the basis of technology, hardware & software component, application, and geography. The technology section covers different GPS and variable rate technologies, along with their current and future estimations. Of all the major technologies, variable rate technology is expected to register higher adoption rates for mass markets. The application section covers yield monitoring, variable rate application, field mapping, soil monitoring, crop scouting, and others. The applications such as variable rate applications and yield monitoring are expected to be the major revenue generators for the Global precision farming market. The geographical analysis covers Americas, Europe, APAC and ROW regions.

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The major companies involved in the global industry are Deere & Company (U.S.), Trimble Navigation Ltd. (U.S.), Raven Industries (U.S.), Precision Planting Inc. (U.S.), and AgJunction Inc. (U.S.), among others. The U.S. will remain the leading market in the Americas, throughout the forecasted period, due to their high adoption rate, financially strong growers, and continuous development.

About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

Contact:
Mr. Rohan

North - Dominion Plaza,
17304,Preston Road,
Suite 800, Dallas, TX 75252 
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com

Friday, 23 August 2013

Augmented Reality Market expected to Grow at CAGR of 15.18%

Augmented reality is a thriving technology where digital data merge with real world. augmented reality technology superimposes the real world with computer generated data which completely changes the user experience. It changes what we hear, feel and see.  The augmented reality technology uses virtual reality to amend with the real world. Augmented reality and virtual reality have can offer many wide range of emerging application.

 The Augmented reality technology has shown ubiquitous growth in mobile phone technology featured with a camera and a GPS (Global Positioning System) which allow the users to experience the technology beyond their anticipation. By 2015, the augmented reality technology will be widely used in the education field for advanced learning and for teaching technologies. The augmented reality and virtual reality technology will be used to contribute to the projects with smart innovations in future due to its great fascination and potential.

The overall augmented reality and virtual reality market is segmented into four major segments namely: AR & VR components and sensors, AR & VR technology, AR & VR application, and geography. All the major segments are further segmented into sub segments. All the segments and sub segments are separately described in the report.

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Global dedicated devices augmented reality market is expected to reach $659.98 million by 2018, whereas the immersive virtual reality market is expected to reach $407.51 million by 2018. The mobile based augmented reality and non-immersive virtual reality market analysis is done separately to maintain the mutual exclusiveness of data sets.

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The major driving forces of augmented reality technology and virtual reality are the advancement and in computer technology and internet connectivity. The increased demand in virtual reality and augmented reality application in healthcare industry is a direct cause for a tremendous growth in AR & VR market. The other driving force for virtual reality and augmented reality technology is the consumer demand in m-commerce industry. The technology used in augmented reality applications, i.e. marker-less is at the apex and is expected to grow rapidly.  Major driving factor in this marker-less is use of GPS and compass which are used commonly in smartphones. The technology used in virtual reality application, sensors used, the emerging trends like goggles, contact lens, and further opportunities are described in detail in the report.